Watertown, SD (Metro) - Trend of Market Heat Index for All Homes (Zillow)

Updated on March 22, 2026.

According to data from Zillow.com, the Market Heat Index for All Homes in the Watertown, SD Metro in February 2026 was 33. The month over month percentage change (MoM) was 73.68%, and the year over year percentage change (YoY) was -58.75%.

The chart below shows the trend of the market heat index for the Watertown, SD metro. The table below shows the trend of the market heat index, and the MoM and YoY percentage changes for the Watertown, SD metro.

You can see similar information for other US metros, and for the United States.

Note: The Market Heat Index is a time series that captures the balance of for-sale supply and demand in a given market. A higher number means the market is more tilted in favor of sellers. It relies on a combination of engagement and listing performance inputs to provide insights into current market dynamics. It is calculated for single-family and condo homes.

Data Source: Zillow.
Watertown, SD (Metro) - Trend of Market Heat Index for All Homes
Watertown, SD (Metro) - Trend of Market Heat Index for All Homes
1 – 10 of 98
Month Market Heat Index MoM Perc. Change (%) YoY Perc. Change (%)
Jan 2018 10 NaN NaN
Feb 2018 0 -100.00 NaN
Mar 2018 0 NaN NaN
Apr 2018 36 Infinity NaN
May 2018 47 30.56 NaN
Jun 2018 0 -100.00 NaN
Jul 2018 0 NaN NaN
Aug 2018 8 Infinity NaN
Sep 2018 0 -100.00 NaN
Oct 2018 0 NaN NaN
Nov 2018 -7 -Infinity NaN
Dec 2018 -16 128.57 NaN
Jan 2019 0 -100.00 -100.00
Feb 2019 -3 -Infinity -Infinity
Mar 2019 0 -100.00 NaN
Apr 2019 -4 -Infinity -111.11
May 2019 9 -325.00 -80.85
Jun 2019 0 -100.00 NaN
Jul 2019 13 Infinity Infinity
Aug 2019 0 -100.00 -100.00
Sep 2019 -1 -Infinity -Infinity
Oct 2019 19 -2000.00 Infinity
Nov 2019 0 -100.00 -100.00
Dec 2019 0 NaN -100.00
Jan 2020 0 NaN NaN
Feb 2020 0 NaN -100.00
Mar 2020 40 Infinity Infinity
Apr 2020 0 -100.00 -100.00
May 2020 35 Infinity 288.89
Jun 2020 46 31.43 Infinity
Jul 2020 71 54.35 446.15
Aug 2020 54 -23.94 Infinity
Sep 2020 32 -40.74 -3300.00
Oct 2020 97 203.13 410.53
Nov 2020 0 -100.00 NaN
Dec 2020 0 NaN NaN
Jan 2021 145 Infinity Infinity
Feb 2021 159 9.65 Infinity
Mar 2021 138 -13.21 245.00
Apr 2021 140 1.45 Infinity
May 2021 124 -11.43 254.29
Jun 2021 107 -13.71 132.61
Jul 2021 89 -16.82 25.35
Aug 2021 87 -2.25 61.11
Sep 2021 98 12.64 206.25
Oct 2021 85 -13.26 -12.37
Nov 2021 78 -8.23 Infinity
Dec 2021 54 -30.77 Infinity
Jan 2022 71 31.48 -51.03
Feb 2022 82 15.49 -48.43
Mar 2022 110 34.15 -20.29
Apr 2022 104 -5.45 -25.71
May 2022 92 -11.54 -25.81
Jun 2022 73 -20.65 -31.78
Jul 2022 71 -2.74 -20.23
Aug 2022 76 7.04 -12.64
Sep 2022 64 -15.79 -34.69
Oct 2022 30 -53.12 -64.71
Nov 2022 11 -63.33 -85.90
Dec 2022 24 118.18 -55.56
Jan 2023 39 62.50 -45.07
Feb 2023 54 38.46 -34.15
Mar 2023 67 24.07 -39.09
Apr 2023 75 11.94 -27.88
May 2023 62 -17.33 -32.61
Jun 2023 57 -8.06 -21.92
Jul 2023 61 7.02 -14.08
Aug 2023 68 11.48 -10.53
Sep 2023 65 -4.41 1.56
Oct 2023 39 -40.00 30.00
Nov 2023 23 -41.03 109.09
Dec 2023 13 -43.48 -45.83
Jan 2024 37 184.62 -5.13
Feb 2024 50 35.14 -7.41
Mar 2024 65 30.00 -2.98
Apr 2024 58 -10.77 -22.67
May 2024 62 6.90 0.00
Jun 2024 52 -16.13 -8.77
Jul 2024 40 -23.08 -34.43
Aug 2024 32 -20.00 -52.94
Sep 2024 34 6.25 -47.69
Oct 2024 30 -11.76 -23.08
Nov 2024 48 60.00 108.70
Dec 2024 56 16.67 330.77
Jan 2025 80 42.86 116.22
Feb 2025 80 0.00 60.00
Mar 2025 72 -10.00 10.77
Apr 2025 46 -36.11 -20.69
May 2025 45 -2.17 -27.42
Jun 2025 44 -2.22 -15.38
Jul 2025 34 -22.73 -15.00
Aug 2025 27 -20.59 -15.62
Sep 2025 16 -40.74 -52.94
Oct 2025 14 -12.50 -53.33
Nov 2025 12 -14.29 -75.00
Dec 2025 13 8.33 -76.79
Jan 2026 19 46.15 -76.25
Feb 2026 33 73.68 -58.75